George Osborne must stop “messing around the edges” and implement a clear plan
for infrastructure to give businesses the confidence to invest, according to
the head of the British Chambers of Commerce.

John Longworth, the lobby group’s Director-General, believes that thousands of
large companies are sitting on piles of cash, but the eurozone crisis and
the economic uncertainty created by America’s fiscal cliff are preventing
them from using the funds.

He says that to encourage businesses to part with cash, the Government must
implement a strategy separate from Europe and the United States and “that is
infrastructure ... There are things